When Green Is Not Enough: Talking About Blue Economy With Gunter Pauli
Nov 21, 2023
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Gunter Pauli, a speaker frustrated with the green economy, talks about the potential and benefits of the blue economy. He discusses using waste from coffee production for mushroom farming, the importance of local materials and collaboration, and the potential of using weeds for bioplastics. He also highlights the invention of stone paper and the need for storytelling and engaging children to spread the message of the blue economy.
The Blue Economy concept offers a more sustainable and cost-effective solution by maximizing the utilization of available resources and combining different revenue streams.
Embracing the Blue Economy model can provide a competitive edge by prioritizing local materials, achieving vertical integration, and generating more value through the use of unique and diverse products.
Deep dives
The Frustration with the Green Economy and the Birth of the Blue Economy Concept
Entrepreneur and author Gunter Paoli discusses the inspiration behind the Blue Economy concept, which came from his frustration with the limitations of the green economy. He explains that the green economy often requires higher costs, more capital, and struggles to compete in a market that prioritizes cheap products. Paoli advocates for a different approach, where the market demands diversity and value creation. He presents the Blue Economy as a model that combines different revenue streams and maximizes the utilization of available resources, leading to a more sustainable and cost-effective solution.
Example: Coffee Waste to Produce Mushrooms
Paoli provides examples of initiatives that embody the Blue Economy concept. One such example is the use of coffee waste to farm mushrooms. By repurposing coffee waste, entrepreneurs can generate two revenue streams: coffee and mushrooms. This approach allows them to offer more value to consumers and overcome the necessity of being the cheapest in the market. The Blue Economy emphasizes local economies, consumer demand for uniqueness, and the inclusion of complexity, ultimately providing a competitive edge and expanding market opportunities.
Examples of Successful Companies in the Blue Economy
Paoli highlights some successful companies that have embraced the Blue Economy model. Nova Moltz, a bioplastics company, has utilized local materials and achieved vertical integration, resulting in a low-risk business model with a higher control of raw material prices. Another example is the invention of stone paper, which utilizes mining dust and reduces water usage and land requirements. The Blue Economy offers an alternative to traditional business models by capitalizing on local resources, generating more value, and mitigating market uncertainties.
We met Gunter Pauli on the sidelines of Tallinn Greentech Week to talk about the Blue Economy.
Here are the main points of the discussion:
The blue economy concept and its potential to replace the green economy
Pauli is frustrated with the green economy and argues it's too expensive and incompatible with market demands.
the limitations of economies of scale in the global market, arguing that consumers prefer unique and diverse products.
the potential for waste from coffee production to be used for mushroom farming, with 6000 initiatives around the world already adopting this approach.
Blue economy, local materials, and sustainable business models (from 4:51)
the rise of the "blue economy," where companies prioritize local and sustainable practices, citing Novamount as a successful example.
the importance of collaboration and resilience in the blue economy, particularly during the COVID-19 pandemic.
the potential of using weeds as a source of bioplastics, highlighting the benefits of vertical integration and the ability to generate more value through the use of local materials.
how the business model can change by using an old stranded petrochemical facility, reducing costs and increasing the lifespan of the acid, making the product competitive in the market.
Sustainable paper production and water conservation (from 9:39)
the importance of recognizing and utilizing available resources, using the example of stone paper production.
the potential of using waste products from forestry companies to create a sustainable business, drawing on the example of mushroom cultivation.
the potential of using mining waste to produce paper, generating significant value and reducing water and land use.
Sustainable business practices and education (from 15:23)
the importance of working with the next generation to implement sustainable practices and reduce environmental impact.
the importance of keeping a childlike curiosity and exploration in adults, as it can lead to innovation and progress.
the potential of children to drive positive change, citing examples of initiatives in Estonia and China that involve translating fables into stone and bringing them to schools.
Sustainable transportation and energy solutions (from 20:14)
visiting local companies that are making a positive impact in their field, specifically a mushroom company that is doing extraordinary work.
abolishing the use of Excel sheets
proposal to transform ferry transport in the Baltic by prioritizing local transportation and goods, reducing carbon footprint.
the importance of extracting oneself from limitations and constraints, using examples of their entrepreneurial ventures.